tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

RCM Technologies Reports Strong Q2 2025 Growth

RCM Technologies Reports Strong Q2 2025 Growth

RCM (RCMT) ( (RCMT) ) has released its Q2 earnings. Here is a breakdown of the information RCM (RCMT) presented to its investors.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

RCM Technologies, Inc. is a business and technology solutions provider operating in sectors such as health care, engineering, aerospace, and life sciences, offering services that enhance operational performance through advanced engineering and IT solutions.

In its latest earnings report, RCM Technologies announced a notable increase in revenue and profit for the second quarter of 2025, reflecting consistent growth across its business segments. The company reported a 13% increase in revenue compared to the same period last year, alongside improvements in gross profit and net income.

Key financial highlights include a revenue of $78.2 million for the quarter, up from $69.2 million in the previous year, and a gross profit increase to $22.3 million. The company’s adjusted EBITDA rose to $8.1 million, indicating a strong operational performance. Additionally, RCM Technologies achieved an adjusted net income per diluted share of $0.69, marking a 21.1% increase from the prior year.

For the first half of 2025, RCM Technologies reported a revenue of $162.6 million, a 15.3% increase from the previous year, with a gross profit of $44.3 million. The adjusted EBITDA for this period was $15.9 million, reflecting the company’s robust financial health and strategic growth initiatives.

Looking ahead, RCM Technologies’ management expressed confidence in the company’s growth trajectory, emphasizing the momentum in its engineering segment and the expectation of a strong second half of the year. The company remains focused on leveraging its capabilities to drive further expansion and value creation for stakeholders.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1